Better Buy and Hold Stock: Nike Versus Lululemon
When it comes to sports apparel, Nike (NYSE: NKE) has long been the top dog. However, challengers are coming for the top spot, including athletic leisure and apparel company (NASDAQ: LULU).
Both stocks have been very lucrative to own over the long term. Unfortunately, they're both in a bit of a rut, trading within shouting distance of their 52-week lows.
I think these dips are great buying opportunities for long-term investors. But which one is more likely to outperform the market from its current price?
Source Fool.com
Lululemon Athletica Inc. Stock
Currently there is a rather positive sentiment for Lululemon Athletica Inc. with 91 Buy predictions and 6 Sell predictions.
With a target price of 444 € there is a hugely positive potential of 80.23% for Lululemon Athletica Inc. compared to the current price of 246.35 €.